FINANCIAL MANAGER SUMMARY OF FUNCTIONS

The Financial Manager is responsible for the financial well-being of the organization. They develop strategies and plans for the organization’s long-term financial objectives, produce financial reports, and direct investment activities.

FINANCIAL MANAGER ESSENTIAL DUTIES AND RESPONSIBILITIES

Prepare financial statements, business activity reports, and financial forecasts.
Ensure that the organization’s financial records and recordkeeping methods are in compliance with applicable standards and regulations.
Manage employees and contractors who are responsible for financial reporting and budgeting.
Periodically review the organization’s financial reports and identify opportunities for cost reduction.
Analyze data and advise top management on how to maximize profits.
Analyze market trends and identify opportunities for growth/expansion.
Oversee organization’s investments.
Give final approval to expenditures greater than (n dollars).

ORGANIZATIONAL RELATIONSHIPS

Reports directly to the organization’s President.

PROCEDURES

The Financial Manager Job Description is mentioned in the following procedures:

Procedure ID and Name	Policies & Procedures Manual
G&A108 Property Tax Assessments	Accounting Manuals Template
PUR101 Vendor Selection	Accounting
ITAD109 IT Outsourcing	IT Policies and Procedures Templates
ITAM102 IT Asset Management	Computer & Network (IT)
ITAM103 IT Vendor Selection	Computer & Network (IT)
FA1010 Management Responsibility	Finance
FA1040 Record Control	Finance
FS1100 Supplier Evaluation	ISO 22000

FINANCIAL MANAGER QUALIFICATIONS

A bachelor’s degree in finance, accounting, economics, or business administration is required. Five or more years’ experience as a financial analyst is also required.

Must have demonstrated ability to lead a team of 6 or more. Good communication skills and the ability to work well with people with and without finance/accounting backgrounds are essential. Project management experience is a must.

Preference will be given to candidates with Certified Financial Analyst (CFA) designation.

FINANCIAL MANAGER PHYSICAL DEMANDS

Ability to communicate orally with top management, and coworkers is crucial. Regular use of phone and email for communication is essential. Hearing and vision correctable to within normal ranges is essential for normal conversations, receiving ordinary information, and preparing or inspecting documents.

The ability to remain in a stationary position roughly 50% of the time, as well as the ability to move about the office occasionally (accessing files/storage, office equipment, computers and other office productivity devices, attending meetings, etc.), is required.

Using a computer while sitting for extended periods is common. Must also be able to position self to maintain equipment, including under tables and desks.

No heavy lifting is expected, though occasional exertion of about 20 lbs. of force (e.g., picking up and carrying binders, laptops) may be required. Good manual dexterity required to use common office equipment (e.g., computers, mobile devices, calculators, copiers, scanners).